Question: When a firm issues equity through an underwriter, the net amount raised by the firm is the amount the investor pays per share multiplied by

 When a firm issues equity through an underwriter, the net amount

When a firm issues equity through an underwriter, the net amount raised by the firm is the amount the investor pays per share multiplied by the number of shares sold, less the firm's direct costs for legal, accounting, and similar expenses. Select one: True False

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